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Cable Update (GBPUSD)

  • #793,301
  • Nov 28, 2023 8:11am Nov 28, 2023 8:11am
Quoting martinez1
With what am seeing on the chart, taking any short position right now is too early for me, i rather come in when it's clearly define and make money than come too early and lose money. Cheers.....
I still stand by this, don't let them keep taking you out before the real move. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #793,302
  • Nov 28, 2023 8:12am Nov 28, 2023 8:12am
Quoting Moty
Mf !!!!! 3 hours I spit blood to gain 30 pips in short Then you took it all back.in 15 mins {image}
yeah, the rule is PA=6 candles, from value, other fairy tales can be or not
yesterday it was the same at 13.48 = 20 pi, it is simple
  • #793,303
  • Nov 28, 2023 8:16am Nov 28, 2023 8:16am
Not sure why the gold is bought like that
  • #793,304
  • Nov 28, 2023 8:23am Nov 28, 2023 8:23am
on H4 chart I do not see the next short zone until 1.2666
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 33 KB
trading is like dancing, don't think and just listen to the music!
  • #793,305
  • Nov 28, 2023 8:24am Nov 28, 2023 8:24am
Account blown again.

At least the £ is continuing it's devaluation against the only real money, Gold. Currently it's lost almost 92% of it's purchasing power since 1971 when Nixon too the US off the gold standard. That will continue until it reaches zero. But my gold will hold it's value.
  • #793,306
  • Nov 28, 2023 8:25am Nov 28, 2023 8:25am
Quoting Purdonious
Short @ 1.26439 with a tight SL. meh.

Oooof. Had hopes that this might turn around. Kept the losses low, though. Now we wait and see what the market does with the upcoming news I suppose..
  • #793,307
  • Nov 28, 2023 8:25am Nov 28, 2023 8:25am
No point shorting this yet…

i should know im on the wrong end of a short
Insane in the Brain..
  • #793,308
  • Nov 28, 2023 8:26am Nov 28, 2023 8:26am
Quoting MrFanciful
Account blown again.
gratulation! ;-)
trading is like dancing, don't think and just listen to the music!
  • #793,309
  • Nov 28, 2023 8:27am Nov 28, 2023 8:27am
we're going to the moooonnn
  • #793,310
  • Nov 28, 2023 8:29am Nov 28, 2023 8:29am
Quoting MrFanciful
Account blown again.
If you keep doing the same thing again and again, you cannot expect result to be different.
  • #793,311
  • Nov 28, 2023 8:32am Nov 28, 2023 8:32am
Quoting MrFanciful
Account blown again. At least the £ is continuing it's devaluation against the only real money, Gold. Currently it's lost almost 92% of it's purchasing power since 1971 when Nixon too the US off the gold standard. That will continue until it reaches zero. But my gold will hold it's value.
please buy onion, garlic, but not usd
  • #793,312
  • Nov 28, 2023 8:32am Nov 28, 2023 8:32am
Quoting silverjazz
we're going to the moooonnn
No...The dollar is simply falling faster than the pound. It's like parachutists, when one of them opens their parachutes, it appears that they're going up from the others perspective. Doesn't change the fact they're both falling.
  • #793,313
  • Nov 28, 2023 8:39am Nov 28, 2023 8:39am
Quoting zuko
{quote} If you keep doing the same thing again and again, you cannot expect result to be different.
zuko, It's useless if you give advice to a trader they will be smart themselves when they realize that everything they have done is a mistake that doesn't need to be repeated.
https://breakpullback.com
  • #793,314
  • Nov 28, 2023 8:39am Nov 28, 2023 8:39am
Quoting sclpzmalay
HOURLY & 4H GU target 1.265XX to 1.27XXX
Now waiting ACTUAL data for CB Consumer to Long or Short
study of behavior and mind,conscious and unconscious
  • #793,315
  • Nov 28, 2023 8:42am Nov 28, 2023 8:42am
Quoting eyefeelsix
{quote} zuko, It's useless if you give advice to a trader they will be smart themselves when they realize that everything they have done is a mistake that doesn't need to be repeated.
I suppose the issue is if all you have to say is "You were wrong and I'm telling you this in hindsight", it's not really helping is it?
  • #793,316
  • Nov 28, 2023 8:44am Nov 28, 2023 8:44am
Quoting BeeTogether
{quote} it’s a strange up out of now where unless it’s geopolitical which hasn’t filtered out yet. I should add is that there may be an overshoot in the range between 12630-50
well the break is there now.
momentum will pick up
entry on breaks of H on m5
in wondering about yourself, you forgot what you came here to be part of
  • #793,317
  • Nov 28, 2023 8:46am Nov 28, 2023 8:46am
Quoting RCtrader
I think the pair is headed for 1.2700 and more later on.
less than 40 pips to 1.2700, fingers crossed
Risk Management is of utmost importance!
  • #793,318
  • Nov 28, 2023 8:47am Nov 28, 2023 8:47am
The weekly currency strength meter says it all: It is not time to short GBPUSD. USD is so weak!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
This is one investment in a bucket of thousands!
  • #793,319
  • Nov 28, 2023 8:49am Nov 28, 2023 8:49am
Quoting MrFanciful
{quote} I suppose the issue is if all you have to say is "You were wrong and I'm telling you this in hindsight", it's not really helping is it?
the point is that every trader will succeed in his own way ( that is if they are lucky )
https://breakpullback.com
  • #793,320
  • Nov 28, 2023 8:50am Nov 28, 2023 8:50am
Gold short 2028, tp 2014
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